Examples of Net Income and Net Loss in a sentence
Allocation of Net Income and Net Loss shall be made as provided in this Article VI.
Notwithstanding any other provisions of this Article VI, any allocation effected pursuant to this Section 6.2(b) shall be taken into account in allocating Net Income and Net Loss among the Members such that the cumulative effect of all such allocations achieves the fundamental purpose of Section 6.2(a), so that the Capital Account balances correspond to the amounts distributable to the Members.
Net Income and Net Loss will be allocated among the Partners in accordance with the Tax Addendum.
The allocation methods of Net Income and Net Loss are hereby expressly consented to by each Member as a condition of becoming a Member.
Notwithstanding any other provisions of this Article VI, any allocation effected pursuant to this Section 6.2(b) shall be taken into account in allocating Net Income and Net Loss among the Members such that the cumulative effect of all such allocations achieves the fundamental purpose of Sections 6.2(a), so that the Capital Account balances correspond to the amounts distributable to the Members.